Gift In Can Ltd

Gift In Can Ltd from Birmingham UK: a small, active company founded twelve years ago, employs ten people, and holds £245,356 in assets. It operates from a real address and is led by one director and owner, running an e-commerce site. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The business specializes in retail sales via mail order and the internet, offering a range of products through its online store. The website, The Plum Penguin, showcases a variety of items, including novelty gifts and branded merchandise. It caters to a broad customer base, offering country-specific payment and shipping options—a list of over 150 countries is available. The site’s design is clean and user-friendly, with a prominent search bar and clear product categories.

Financially, Gift In Can Ltd’s recent performance presents a mixed picture. Cash bank on hand has fallen significantly by 68%, dropping to £25,000. Bank borrowings have increased substantially to £120,000, which could indicate increased investment or working capital needs. Trade debtors have also risen sharply, by 110%, suggesting a potential issue with customer payments. However, creditors have decreased by 31%, which is a positive sign of improved debt management. The company’s net assets have increased by 6.3% to £150,000. While the company’s assets are not huge, the increase in bank borrowings and trade debtors suggests it’s burning through money, and the decrease in cash reserves is concerning. No auditor is mentioned, which is common for small, exempt companies.

Registered in England/Wales under the registration number 08351015, with a registered address at B38 9FQ, United Kingdom, Birmingham, 14 Elder Court.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.